Foxconn is an enterprise in China.
Foxconn Technology Group is a high-tech enterprise of Hon Hai Precision Group in Taiwan Province, China. It was founded in 1974 in Taipei, Taiwan Province Province, China, and its president is Guo Taiming. Now it has more than 1.2 million employees and the world's top customer base. Foxconn is a Taiwan-funded enterprise controlled by Taiwan Province's richest man. However, due to its huge system, its internal management is similar to that of state-owned enterprises, but its benefits are much lower.
As for location, as a huge multinational group, Foxconn has branches all over the world, with its headquarters in Tucheng, Taipei and its mainland headquarters in Longhua, Shenzhen. In China, more than 3 science and technology industrial parks have been established from the Pearl River Delta to the Yangtze River Delta to the Bohai Rim, and from southwest to south-central to northeast, with more than 2 subsidiaries and agencies in Asia, America and Europe.
Introduction to Foxconn's business development:
1. Two major barriers
The global 3C OEM industry has always been divided into two major barriers; One is the background mode of electronic engineering based on CEM, EMS and ODM, and the other is the background mode of mechanical engineering based on molds/components. President Guo of Foxconn has been committed to providing "all-round cost advantage" for many years, and has created a unique global business model of vertical integration of electronic components and module machines, referred to as eCMMS.
eCMMS is a one-time complete solution for vertical integration of machinery and photoelectricity, covering all services such as molds, fixtures, mechanical parts, components, whole machine to design, production, assembly, maintenance and logistics.
2. Global distribution
Foxconn is the largest and fastest-growing international technology group in the field of 3C OEM in the world. Its main listed members have been listed on the stock exchanges in Asia and Europe, the Hong Kong Stock Exchange and the London Stock Exchange, and its layout spans Europe, the United States and Asia. The total number of employees exceeds 1.2 million, and more than 15,3 patents have been obtained globally.
3. Business Group
CCPBG business group (consumer electronics business group)-mainly engaged in the research and development and production of game machines, notebook computers, LCD TVs, optical drives, digital cameras, projectors, cooling systems and components, LED lighting, new interface materials, magnesium-aluminum alloy products, printed circuit boards and other products, and the world's largest manufacturer of consumer electronics products.
above content reference: Baidu Encyclopedia-Foxconn